New Interest Rates on Post Office Saving Schemes (1 April 2019 upto 30 June 2019)

जानिये क्या रहेंगी अप्रैल से जून अवधि के लिए पोस्ट ऑफिस सेविंग स्कीम्स की नयी ब्याज दरें

Post Office Saving Schemes New Interest Rate Table for PO schemes like Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme (SCSS), Recurring Deposit (RD), Term Deposit (TD), National Savings Certificate (NSC) & Monthly Income Scheme (MIS) for 1 April to 30 June 2019 notified, check Post Office Interest Rates Table before making investment

Views: 2534 | Dated: April 3, 2019 | Updated On: November 23, 2019 | By: Karan Chhabra | | By | Beneficiaries: |
सभी पोस्ट ऑफिस सेविंग्स स्कीम्स के लिए अप्रैल से जून तक की नयी ब्याज दरें सरकार द्वारा घोषित, चेक करें की पब्लिक प्रोविडेंट फण्ड (PPF), किसान विकास पत्र (KVP), सीनियर सिटीजन्स सेविंग स्कीम (SCSS), रेकरिंग डिपाजिट (RD), टर्म / फिक्स्ड डिपाजिट (TD), नेशनल सेविंग्स सर्टिफिकेट (NSC) & मंथली इनकम स्कीम (MIS) में जमा करने से क्या लाभ होगा
New Interest Rates on Post Office Saving Schemes (1 April 2019 upto 30 June 2019)

Central govt. has revised the interest rates on Post Office Saving Schemes and kept it unchanged for April 2019 to 30 June 2019. Now the new interest rates for Time Deposit (TD), Public Provident Fund (PPF), Sukanya Samriddhi account, Senior Citizen Savings Schemes (SCSS), Recurring Deposit (RD), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), Monthly Income Scheme (MIS), Savings Deposit Account remain unchanged. The new post office interest rates table 2019 shows the current rate of interest for various post office schemes applicable for 1st quarter i.e 1 April 2019 to 30 June 2019.

Interest rates of popular small savings schemes are currently revised by the govt. on a quarterly basis. In the recent notification by Finance Ministry dated 31 March 2019, interest rate on all Post Office Saving Schemes remain unchanged for April 2019 to June 2019 quarter.

Accordingly, people can now check the new interest rates for post office savings scheme.

Post Office Interest Rates Table – April to June 2019

Below is the complete table which shows the current interest rates for post office savings scheme applicable from 1 April 2019 to 30 June 2019. Moreover, this table will also compare the current post offices rate of interest with the previous quarter:-

Post Office Savings Scheme NameInterest Rate for Previous Quarter (1 January 2019 to 31 March 2019)Rate of Interest for Current Quarter (1 April 2019 to 30 June 2019)Compounding FrequencyDescription about Post Office Scheme
Savings Deposit Scheme Account4.04.0AnnuallyPost Office Savings Bank Account (PO-SB) Details
1 Year Time Deposit7.07.0QuarterlyPO Fixed / Time Deposit Account (TD) Details
2 Year Time Deposit7.07.0Quarterly
3 Year Time Deposit7.07.0Quarterly
5 Year Time Deposit7.87.8Quarterly
Recurring Deposit (5 years)7.37.3QuarterlyPO Recurring Deposit Account (RD) Details
Senior Citizen Savings Scheme (5 years)8.78.7Quarterly & PaidSCSS Account Details
Monthly Income Scheme Account (5 years)7.77.7Monthly & PaidPO Monthly Income Scheme (MIS) Account Details
National Savings Certificate (5 years)8.08.0AnnuallyNSC Account Details
Public Provident Fund Scheme8.08.0AnnuallyPPF Account Details
Kisan Vikas Patra7.77.7AnnuallyKVP Account Details
Sukanya Samriddhi Account Scheme8.58.5AnnuallySSA Account Details

In this Post Office Interest Rates Table 2019, it is quite clear that the rate of interest has been kept unchanged. Interest Rates on PPF remains at 8%, KVP at 7.7%, Sukanya Samriddhi Account at 8.5%, NSC at 8%, MIS at 7.7%, SCSS at 8.7%, RD at 7.3% and Savings deposit still remains at 4%.

Reserve Bank of India (RBI) had hiked interest rates twice in FY 2018 and post office small savings schemes like PPF was benefited from the rate hikes. For more details on Post Office Savings Schemes, visit the official website

The central govt. had hiked interest rates on various small savings schemes including Public Provident Fund (PPF), Kisan Vikas Patra (KVP), National Savings Certificate, Monthly Income Scheme, Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Scheme (SSS) by 40 basis points (bps) for the October-December 2018 quarter.

People can compare all post office savings schemes before making investment in these instruments. This rise in the interest rates makes these post office saving schemes attractive for investors who want to invest in safe products.

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